Solana

KuCoin Research Report Highlights Resurgence of Investment in the Web3 Market, with 22% of Projects Securing Over $10 Million Financing

Retrieved on: 
Thursday, January 11, 2024

The report offers a comprehensive analysis of macroeconomic factors, stablecoins, public chains, Layer2 trends, inscriptions, investment projects, and regulatory policies.

Key Points: 
  • The report offers a comprehensive analysis of macroeconomic factors, stablecoins, public chains, Layer2 trends, inscriptions, investment projects, and regulatory policies.
  • The report offers a comprehensive analysis of macroeconomic factors, stablecoins, public chains, Layer2 trends, inscriptions, investment projects, and regulatory policies.
  • Despite the number of investment projects remaining high, seed rounds and strategic financing remained primary, with a notable increase in projects with financing exceeding $10 million.
  • These changes in the proportion of projects and financing amounts reflect the resurgence of investment and financing in the Web3 market as well as the potential shifts in investor behavior.

EQS-News: Advanced Blockchain AG: Portfolio company Neon Labs achieves $11 million daily trading volume with its NEON token while the price hit a new all-time high

Retrieved on: 
Thursday, December 21, 2023

Simon Telian, CEO of Advanced Blockchain AG: "As an early investor in Neon Labs, Advanced Blockchain has always believed in the vision of the Neon Labs team.

Key Points: 
  • Simon Telian, CEO of Advanced Blockchain AG: "As an early investor in Neon Labs, Advanced Blockchain has always believed in the vision of the Neon Labs team.
  • As a result of the price increase, Advanced Blockchain, through its subsidiary Incredulous Labs, holds rights to receive NEON tokens currently worth over $1 million.
  • Similarly, Picasso’s - Composable canary network - PICA token reached an unprecedented trading volume peak, hitting close to $5 million.
  • Through an investment in Advanced Blockchain AG investors gain unique exposure in these early-stage companies while simultaneously diversifying their portfolio with high-performing crypto assets.

DeFi Technologies Inc. Announces Strategic Acquisition of Leading Solana Trading Systems IP

Retrieved on: 
Monday, December 18, 2023

Strategic Acquisition: DeFi Technologies Inc. has completed an agreement to acquire intellectual property ("IP") central to the Solana blockchain, aligning with its strategic goal to enhance its presence in the Solana ecosystem.

Key Points: 
  • Strategic Acquisition: DeFi Technologies Inc. has completed an agreement to acquire intellectual property ("IP") central to the Solana blockchain, aligning with its strategic goal to enhance its presence in the Solana ecosystem.
  • Enhancing Trading Solutions: This IP is specifically tailored for the Solana-focused trading desk, a collaboration between DeFi Technologies and Valour Inc., aimed at elevating their trading solutions on the high-performance Solana platform.
  • This Acquisition marks a significant milestone in DeFi Technologies' expansion strategy, focusing on enhancing its offerings in the Solana ecosystem.
  • Post-acquisition, DeFi Technologies plans to expand its team and intensify its efforts in DeFi trading, development, and governance, specifically in areas relating to the newly acquired IP.

Solana Foundation's December 2023 Energy Use Report Highlights Commitment to Sustainability; Announces Offsetting Emissions Onchain

Retrieved on: 
Wednesday, December 6, 2023

SAN FRANCISCO, Dec. 6, 2023 /PRNewswire/ -- The Solana Foundation, a non-profit organization dedicated to the Solana network's decentralization, adoption, and security, today released its December 2023 Energy Use Report, underscoring the Foundation's commitment to fostering environmental responsibility and regenerative practices in blockchain technology.

Key Points: 
  • Since the last energy use update in April 2023 , energy use per transaction on the Solana network has declined by 25%, with total emissions from the network decreasing by 17.5%.
  • Even with these significant reductions, the Solana Foundation purchased carbon credits on behalf of the network to offset the network's 2022 emissions, maintaining the Solana network's carbon neutrality.
  • For the first time, the Solana Foundation purchased these offsets entirely onchain.
  • The Solana Foundation remains committed to tracking network emissions in real-time at SolanaClimate.com , while also pursuing and implementing regenerative programs and procedures that offset the network's carbon output.

Hashflow 2.0 Unveils Next-Level DeFi Trading Experience with Superior Pricing and Liquidity

Retrieved on: 
Tuesday, December 5, 2023

NEW YORK, Dec. 5, 2023 /PRNewswire/ -- Hashflow, a leading multichain decentralized finance (DeFi) trading platform, today unveiled Hashflow 2.0, a fully upgraded experience with superior pricing, liquidity, and token availability, via its new intent-based "Smart Order Routing" (SOR) architecture. The upgrade will also include Hashflow's first non-EVM chain deployment with inter and native cross-chain swaps available on Solana.

Key Points: 
  • NEW YORK, Dec. 5, 2023 /PRNewswire/ -- Hashflow, a leading multichain decentralized finance (DeFi) trading platform, today unveiled Hashflow 2.0, a fully upgraded experience with superior pricing, liquidity, and token availability, via its new intent-based "Smart Order Routing" (SOR) architecture.
  • The new SOR architecture finds the most optimal path across liquidity sources and fills evertrade of any size with the best price for Hashflow users.
  • With this core update, we provide traders access to the deepest liquidity and best rates in decentralized trading.
  • While most users looking to trade SOL on DeFi platforms today face significant barriers, trading on Hashflow will be a seamless experience, akin to trading any other asset.

Bitget Wallet Debuts Task2Get, a Web3 Exploration Incentive Platform, with ZetaChain Interactive Campaign

Retrieved on: 
Monday, November 20, 2023

ZetaChain is also known for its seamless connectivity across any blockchain and layer, supported by its Omnichain Smart Contracts.

Key Points: 
  • ZetaChain is also known for its seamless connectivity across any blockchain and layer, supported by its Omnichain Smart Contracts.
  • Bitget Wallet users will stand a chance to win their share of 700,000 ZETA for completing interaction tasks, as well as exclusive Bitget Wallet x ZetaChain commemorative NFTs - which will provide holders with access to exciting periodic airdrops by Bitget Wallet.
  • Statistically, Bitget Wallet distributes approximately $100,000 in monthly airdrop benefits to its users through these diverse activities.
  • Currently, Bitget Wallet supports over 90 mainnets and offers comprehensive functions like wallets, swap tradings , real-time smart quotes, NFT marketplaces , and DApp interactions.

Bitget Wallet Debuts Task2Get, a Web3 Exploration Incentive Platform, with ZetaChain Interactive Campaign

Retrieved on: 
Monday, November 20, 2023

ZetaChain is also known for its seamless connectivity across any blockchain and layer, supported by its Omnichain Smart Contracts.

Key Points: 
  • ZetaChain is also known for its seamless connectivity across any blockchain and layer, supported by its Omnichain Smart Contracts.
  • Bitget Wallet users will stand a chance to win their share of 700,000 ZETA for completing interaction tasks, as well as exclusive Bitget Wallet x ZetaChain commemorative NFTs - which will provide holders with access to exciting periodic airdrops by Bitget Wallet.
  • Statistically, Bitget Wallet distributes approximately $100,000 in monthly airdrop benefits to its users through these diverse activities.
  • Currently, Bitget Wallet supports over 90 mainnets and offers comprehensive functions like wallets, swap tradings , real-time smart quotes, NFT marketplaces , and DApp interactions.

DeFi Technologies Announces That its Subsidiary Valour Inc. Achieves Major Market Share Increase and AUM Growth, with Solana Surpassing Bitcoin

Retrieved on: 
Monday, November 13, 2023

Significant Market and AUM Growth: DeFi Technologies Inc.'s subsidiary, Valour Inc., increased its market share on Swedish exchanges to nearly 28% up 10% from the previous month.

Key Points: 
  • Significant Market and AUM Growth: DeFi Technologies Inc.'s subsidiary, Valour Inc., increased its market share on Swedish exchanges to nearly 28% up 10% from the previous month.
  • Its AUM rose to C$320 million in early November, up from C$259 million, marking a 23% increase since October 30th.
  • Solana Surpasses Bitcoin: In a notable shift within the digital asset space, Valour saw its Solana holdings overtaking Bitcoin as the leading asset, commanding close to C$115 million of the AUM.
  • Commitment to Innovation and Strategic Growth: DeFi Technologies, through its subsidiary Valour, demonstrates a strong commitment to innovation and strategic foresight in the digital asset industry.

EQS-News: Value of the Krest tokens held by Advanced Blockchain well over €1 million – Ecosystem Update November 2023

Retrieved on: 
Thursday, December 14, 2023

This round also saw significant contributions from gumi Cryptos Capital (gCC), L1D as well as other influential pioneers in the blockchain industry.

Key Points: 
  • This round also saw significant contributions from gumi Cryptos Capital (gCC), L1D as well as other influential pioneers in the blockchain industry.
  • With the recent infusion of new capital, the company significantly increased its valuation, raising a total of $11.5 million to date.
  • This increase in price to currently over 0.30 USD per token has boosted the value of the Krest tokens held by Advanced Blockchain to well over $1 million.
  • Solana IBC will be powered by Picasso and will join Polkadot, Kusama, Cosmos, and soon Ethereum in the cross-ecosystem IBC hub.

Flash News: OKX Web3 Partners with Solana Ecosystem for "Solana Ecosystem Week 2.0"

Retrieved on: 
Thursday, November 9, 2023

As part of this partnership, OKX Wallet, the leading digital asset wallet by OKX Web3, actively contributed to the development of the Solana ecosystem.

Key Points: 
  • As part of this partnership, OKX Wallet, the leading digital asset wallet by OKX Web3, actively contributed to the development of the Solana ecosystem.
  • This event aimed to foster growth and innovation within the Solana ecosystem by providing a platform for developers, projects, and the community to come together and communicate ideas.
  • By integrating with the ecosystem, OKX Wallet seeks to empower developers and users with a seamless and secure experience.
  • Notably, ten top projects within the Solana ecosystem have already integrated the OKX Wallet and extended their support to OKX Web3's ecosystem-building efforts.